India’s Covid-19 Fallout Collides With A Shaky Economy

SourceForbes
SectorEconomy
CountryOman

India's Prime Minister Narendra Modi (R) shakes hands with U.S. President Donald Trump before a ... [+] meeting at Hyderabad House in New Delhi on February 25, 2020. MANDEL NGAN/AFP via Getty Images The bromance between Donald Trump and Narendra Modi features the kind of rivalry no world leader wants: the title of fastest-growing Covid-19 epidemic anywhere.  Advantage, Indian Prime Minister Modi. With 4.2 million confirmed cases under his belt, U.S. President Trump’s nation is far ahead in an absolute sense. But India’s 20% jump in infections over the last week to 1.4 million puts Modi’s nation on top in terms of velocity. And that’s the last thing Asia’s third-biggest economy needs as 2020 unravels before our eyes. As the year began, India was seen growing at...read more...